Durme Natie C.V.B.A., a warehousing company specializing in the handling of soft commodities in the port of Antwerp, agreed to pay a fine of GBP 33,333 (US $43,000) to resolve a disciplinary action brought by ICE Futures Europe that it failed to comply with certain aspects of the exchange’s grading and warehousing procedures regarding the exchange’s cocoa contracts. Among other things, ICE Europe claimed that the warehouse failed to record and maintain as required a method for the exchange or other third party to “readily” locate and identify relevant cocoa, and to comply by other technical requirements.